Torex Gold Resources Inc
TXGTorex Gold Resources Inc. operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property that covers an area of 29,000 hectares located southwest of Mexico City. The company's principal assets include the El Limón Guajes mining complex comprising the El Limón Guajes open pits, the El Limón Guajes underground mine, and the processing plant and related infrastructure, and the Media Luna deposit, which is an advanced stage development project. It also mines for silver, copper, and carbon deposits. The company was formerly known as Gleichen Resources Ltd. and changed its name to Torex Gold Resources Inc. in April 2010. Torex Gold Resources Inc. was incorporated in 1980 and is headquartered in Toronto, Canada.
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Key Information
Legal Entity
Torex Gold Resources Inc
Sector
Precious Metal
Founded
April 20, 2010
Employees
883
Reporting Currency
CAD
Contact Phone
16472601505
Website
www.torexgold.comHeadquarters Address
Exchange Tower , Toronto , ON M5X 2A2 , CA
Identifiers
ISIN
CA8910546032CUSIP
891054603
Commodity Portfolio
Stock Exchanges
Organization
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Videos
Janine Goh of South Pacific Metals Corp. presents at Metals Investor Forum in Vancouver | Sep 2026
Key Highlights
brief- Mentioned once, as an executive credential: the presenter says 'Our executive chairman, Michael Murphy, founded Torrex Gold' and cites that as a track record of financing and building mining companies. No Torex operations, results or assets are discussed.
Two Papua New Guinea copper-gold projects anchor the pitch: Osina, beside K92's K-9-2 mine, and Kiliteke's 4.2 Moz gold-equivalent inferred resource. Management's Megaby drilling: 300+ m of strike open in all directions, a 38.7 g/t peak assay, and high-grade zones still open down plunge. Kiliteke's first assay batch found a massive sulfide body extending over 200 m, with outcrop samples to 12% copper; 600 kg await assays. An unfiltered stage pitch: no analyst pushback, a mid-presentation 'Standard disclosure' line, and every figure is management's own claim. Funding is staged: roughly 70 million shares, 45% with insiders, and a BMO-led marketed financing of up to 15 million.
Daniel Rodriguez of Mercado Minerals Ltd. talks to Jeff Clark | Metals Investor Forum Sept. 2026
Key Highlights
brief- Rodriguez points to Torex's roughly year-and-a-half-ago $450 million acquisition of Los Reyes, which sits near Zamora, as evidence of district value and as a comparable with high-grade intercepts similar to Mercado's project
Maiden drilling at the never-drilled Zamora silver gold project in Mexico is expected within two months. Coppolito Phase 1 wrapped with 3,000m and 25 holes, expanding the drill ready strike at the new La Renata vein. The CEO is buying shares on the open market, signaling insider confidence at current valuations. A technical team with Vizsla Panuco and Napoleon discovery credits underpins the Sierra Madre exploration thesis. Management is fully funded for upcoming drilling, with first results expected early in the new year.
Heliostar - Q2 Financial Highlights, Record Gold Production, Growth Pipeline
Key Highlights
brief- Torex Gold's Q2 AISC was $2,459/oz for the quarter, cited by Heliostar's CEO as a peer benchmark.
San Agustin gold output jumped 49% quarter-on-quarter at an AISC (All-In Sustaining Cost — what it really costs per ounce) near $2,287, signaling peer-relative cost discipline. Cash hit a record $43M by quarter-end with no debt, even after a $10M outlay for the Gold Strike deposit acquisition. Silver output nearly doubled to 80,000 ounces on a leaching mix shift and San Agustin ramp-up; smelter payment-term changes pushed most silver revenue into later quarters. The 25,000-metre Ana Paula drill program anchors a mid-2027 feasibility study targeting 100,000-ounce annual output and first gold by late 2028. Operating cash is being recycled into a multi-mine pipeline including Ana Paula and Gold Strike, lining up the next 1-3 projects beyond current production.
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